Bill Holdings stock price (BILL) fell in the intraday levels, amid negative signals from the RSI, even as it reached oversold levels compared to the stocks movements, hinting at potential positive developments, as the stock now leans on the support of the 50-day SMA, while also leaning on the upward correctional trend line in the short term. Thus the latest decline is likely an attempt by the stock to gather momentum to climb anew.
Therefore we expect the stock to return higher, targeting the first resistance at $60.54, provided the support of $50.34 holds on.